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Bullboard - Stock Discussion Forum Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing... see more

TSX:MRT.DB.A - Post Discussion

Post by flamingogold on Jan 04, 2023 10:45am

Boring wins

So many investors were crushed last year playing the meme stocks, crypto, weed, tech, EV plays even crude once it started to capture media attention. But MRT started and finished the year around the same price but paid steady distributions of 4.5%. Boring beat almost everything last year including the worst of them... GIC's

Going forward, we may see some new money looking for more boring plays. Enter MRT... still at pandemic levels, paying every month and whose shares are slowing being acquired by MRC. Personally, I think this is the year for airlines and travel to enjoy a big rebound.but beaten up REITs are not far behind. GLTA.
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